The Marijuana & Marijuana-related ETFs segment of the cannabis market consists of 15 ETFs of which 2 are US-centric (HMUS; USMJ), 2 are leveraged plays (HMJU; HMJI), 2 are marijuana/marijuana-related plays (ACT; MJ) and the remaining 9 are more broadly based. In addition, 7 the 15 are passively managed and 8 are actively managed.
The ETFs (excluding the leveraged ETFs) declined 14.6% in September, on average, following on the heels of an 11.8% decline, on average, in August, but the performance last week, given the advent of Cannabis 2.0 (see my exclusive TalkMarkets article here) and the latest impressive Q3 financial results for Valens GroWorks (see my exclusive TalkMarkets article here) saw an across the board reversal in performance with an average increase of 2.77%. Below is a summary of the performance of all 15 marijuana ETFs last week:
| Name | Symbol | Last | Chg. % | ||||
|---|---|---|---|---|---|---|---|
| 1. | AdvisorShares Pure Cannabis | YOLO | 13.81 | +4.4% | |||
| 2. | Amplify Seymour Cannabis | CNBS | 16.60 | +3.6% | |||
| 3. | BetaPro Marijuana Companies 2x Daily Bull | HMJU | 4.65 | +5.9% | |||
| 4. | BetaPro Marijuana Companies Inverse | HMJI | 33.08 | +2.5% | |||
| 5. | Cambria Cannabis | TOKE | 17.31 | +2.4% | |||
| 6. | Cannabis ETF | THCX | 15.50 | +4.0% | |||
| 7. | Evolve Marijuana | SEED | 14.75 | +2.2% | |||
| 8. | Advisor Shares VICE ETF | ACT | 23.51 | -0.17% | |||
| 9. | Evolve US Marijuana | USMJ | 11.38 | +2.4% | |||
| 10. | Horizons Emerging Marijuana Growers | HMJR | 3.38 | +4.0% | |||
| 11. | ETFMG Alternative Harvest ETF | MJ | 19.51 | +2.5% | |||
| 12. | Horizons Marijuana Life Sciences | HMMJ | 10.60 | +2.3% | |||
| 13. | Horizons US Marijuana | HMUS | 4.83 | +4.3% | |||
| 14. | Marijuana Opportunities | MJJ | 19.42 | +3.5% | |||
| 15. | Global X Marijuana ETF | POTX | 18.62 | +4.30% | |||
| Avg. | excluding the 2 leveraged ETFs (i.e. #3 & #4) | +2.77% |
|
.webp)
Comments
Log in or sign up to join the conversation.